Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRnext payment +$4.10 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Orderly+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000004832 | 0.0440 | pay 0.0440% / 8h | 1h 43m | $30K | $11K | 20x |
| Short | Binance 1000PEPEUSDT | 0.000004833 | 0.0850 | get 0.0850% / 8h | 1h 43m | $130.2M | $1.03B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $86.1
- Price spread: +0.019% → 0.000%
- $1.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $71.96
- Costs to cover
- 0.160%
- Break-even
- 1.1 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.10 bp | 8.9 bp −$9 | 12.6 bp −$126 | 36.9 bp −$3,688 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004838 | +0.131% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004828 | −0.068% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004839 | +0.151% | $626K | $5.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004834 | +0.048% | $61.0M | $76.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004840 | +0.172% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004830 | −0.035% | $87.7M | $278.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004834 | +0.048% | $150.8M | $62.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004838 | +0.124% | $25.0M | $53.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004845 | +0.276% | $545K | $3.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004840 | +0.178% | $27K | $344K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004841 | +0.199% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004836 | +0.089% | $2K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004832 | +0.008% | $548K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0167% | 8h | 0.000004835 | +0.079% | $42.6M | $151.3M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004836 | +0.084% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0201% | 8h | 0.000004833 | +0.027% | $41.6M | $490.6M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0316% / S −0.0215% | 1h | 0.000004000 | −17.213% | $52K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0325% | 8h | 0.000004836 | +0.089% | $3.9M | $22.1M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0428% | 8h | 0.000004837 | +0.111% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0438% | 8h | 0.000004831 | −0.023% | $2.3M | $6.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0440% | 8h | 0.000004832 | long leg | $30K | $11K | 20x | |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004839 | +0.151% | $616K | $25.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000004844 | +0.255% | $555 | $2K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0679% | 1h | 0.000004837 | +0.120% | $92K | $614K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0758% | 1h | 0.000004836 | +0.092% | $186K | $854K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0785% | 1h | 0.000004838 | +0.130% | $82K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0837% | 8h | 0.000004831 | −0.023% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDTshort | +0.0850% | 8h | 0.000004833 | +0.019% | $130.2M | $1.03B | 75x | |
| MEXC PEPE_USDT | +0.0855% | 8h | 0.000004839 | +0.155% | $92.0M | $283.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0856% | 1h | 0.000004842 | +0.210% | $532K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0864% | 1h | 0.000004840 | +0.172% | $137K | — | 3x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004868 | +0.751% | $4K | $103K | 12x | as long as short |
| Aster 1000PEPEUSDT | +0.0881% | 8h | 0.000004841 | +0.193% | $1.5M | $7.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0935% | 1h | 0.000004841 | +0.192% | $103K | $764K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1319% | 1h | 0.000004835 | +0.074% | $4.0M | $13.2M | 50x | as long as short |
Binance 1000PEPEUSDT
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Extended 1000PEPE-USD
Injective PEPE/USDC PERP
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD